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A company has assets of $40,000, cash equivalents of $20,000, short-term investments of $4,000, and $20,000 in receivables. Its current liabilities are $60,000. What
A company has assets of $40,000, cash equivalents of $20,000, short-term investments of $4,000, and $20,000 in receivables. Its current liabilities are $60,000. What is the company's quick ratio? OA. 1.4 OB. 1.2 OC. 0.8 OD. 0.6
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The quick ratio is a financial metric that measures a companys ability to pay off its current liabil...
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Intermediate Accounting
Authors: David Spiceland
11th Edition
1264134525, 9781264134526
